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Duty Free International earnings down 41.9% y-o-y to RM2.4 mil in 3QFY2024

Bryan Wu
Bryan Wu • 2 min read
Duty Free International earnings down 41.9% y-o-y to RM2.4 mil in 3QFY2024
Revenue for the company in 3QFY2024 also slipped by 11.0% y-o-y to RM38.7 million after its KLIA outlet closed in April 2023. Photo: Duty Free International
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Duty-free retailing group Duty Free International (SGX:5SO) has reported a 41.9% y-o-y decrease in earnings to RM2.4 million ($701,000) in its 3QFY2024 ended Nov 30, 2023, compared to its earnings of RM4.2 million in the same period a year before.

As a result, earnings per share for the quarter dropped to 0.2 sen, from 0.35 sen in 3QFY2023.

Revenue for the company in 3QFY2024 also slipped by 11.0% y-o-y to RM38.7 million, compared to RM43.5 million in the year before period.

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